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As per Bangladesh Association of Pharmaceutical Industries (BAPI) and Directorate General of

Drug Administration (DGDA):


 Around 257 authorized pharmaceutical makers are working in Bangladesh and around
150 are utilitarian. These assembling organizations meet around 98% of neighborhood
request.
 Specific items like antibodies, against malignant growth items and hormone medications
are imported to meet the remaining 2% of the demand. 80% of the medications created in
Bangladesh are conventional medications, rest 20% are licensed medications.
As per Director General of Drug Administration (DGDA), the industry has:

2,400 enrolled Homeopathic medications


29,351
524
3,998
6,207
enlisted
enlisted
enlisted
enrolled
Herbal
allopathic
Ayurvedic
Unani
medications
medication
Drugs
drugs

 The market size of Residential market estimation of Pharmaceutical items in Bangladesh


is BDT 205.12 billion now.
 As indicated by Bangladesh Bureau of Statistics, the industry has contributed 1.83% to
the GDP in 2017-18 at steady costs.
 Export Revenue has crosssed $100 million benchmarks in 2017-18. But the Exports
growth is not satisfactory and more export to be made in the upcoming financial years.
 According to Bangladesh Association of Pharmaceutical Industries (BAPI),
approximately 1,200 pharmaceutical products received registration for export over the
last two years and are being exported to more than 145 countries including USA, UK,
Australia and Africa.
 According to Export Promotion Bureau (EPB), in the fiscal year 2017-18, Bangladesh
has exported pharmaceuticals product worth USD 103.46 million as against USD 89.17
million in 2016-17. Over the last 7 years, export revenue CAGR was nearly 12.8%.
However, pharmaceutical export contributes only 0.4% of total export of Bangladesh.
Hence, the contribution of export sales in pharmaceuticals industry is not significant.

Opportunities and problems in the industry:


Pharmaceutical industry of Bangladesh has colossal chance to develop later on. Bangladesh has
an overflow of pharmaceutical industry-centered HR and the detailing business is well-created
and contributing intensely for future development. Significant conventional center points India
and China are losing cost focal points. Cost of work in Bangladesh is 3 to 4 time lower than that
of China and India. Therefore, Bangladesh has chance to send out pharmaceutical items more
than that of India and China. So, Bangladesh offers critical assembling cost preferences because
of the lower cost of work. In the meantime, significant makers of pharmaceutical crude materials
in India and China won't most likely produce the licensed crude material because of the
confinements from World Health Organization (WTO). In this way, Bangladesh can trade
nonexclusive medications to outside nations effectively.
Absence of Backward Linkage: Pharmaceutical part in Bangladesh has progressed for the most
part in the generation of completed medications. At present, we are extraordinarily reliant on
different nations for bringing in crude materials for the creation of completed items. At present,
over 90% of crude materials are imported. For all intents and purposes, we are reliant on our own
rivals for crude materials. The govt. has showed a drive to build up an API park and the work is
going on. Be that as it may, the nation needs more API parks to reinforce its regressive linkage.
Absence of Modern Drug Testing Laboratory: The medication testing research facility is the
focal quality observing offices of medication expert of Bangladesh. It isn't present day and very
much prepared. In this way, our medication control expert faces issues in checking the nature of
medications made by various organizations. Outside purchasers and administrative experts
likewise bring up issue about the status of our medication testing research facility.
Absence of Bioequivalence Test Facility: Bioequivalence trial of an item is must to be enlisted
in many controlled and modestly managed nations. In our nation, there is no bioequivalence
concentrate focus at present. So as to enroll an item, a pharmaceutical organization needs to
convey this test in remote nation by spending an enormous testing charge. The expense of
Bioequivalence for oral measurement is between USD 100,000 to 300,000 and more in some
other countries.4 hence, numerous neighborhood makers don't show enthusiasm for enrolling
their items in different nations to trade.
High Registration Fees of Importing Countries: Regulatory specialists of bringing in nations
charge high enrollment expenses. It makes snags to the little producers to enroll their
medications for fare as the higher enlistment expenses may result in lower benefit for them.
Therefor just huge organizations are accepting the open doors and market is restricted for those
organizations as it were.

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